Pension Plan Revisions

We are announcing revisions to our pension plans and
related benefits. These revisions will maintain the overall value of the benefits provided and will offer greater flexibility, consistency, and simplicity.

Learn about the disability coverage available to you should you not be able to work.

Pension Plan Revisions

We are announcing revisions to our pension plans and
related benefits. These revisions will maintain the overall value of the benefits provided and will offer greater flexibility, consistency, and simplicity.

Take our interactive courses to learn about your pension benefits and move along your roadmap to wellness.

Pension Plan Revisions

We are announcing revisions to our pension plans and
related benefits. These revisions will maintain the overall value of the benefits provided and will offer greater flexibility, consistency, and simplicity.

Who Needs Life Insurance?

Life insurance provides cash to your beneficiaries after you pass on. This cash can help your family replace your income, cover your final expenses or major ongoing expenses from mortgage payments to college tuition. Moreover, life insurance benefits are free from federal income taxes. Our licensed insurance specialist, Kevin Caruso, speaks firsthand about the benefits of life insurance.

Life insurance is for the living - it allows you to fulfill your responsibilities to loved ones after your passing.

Important reasons for buying life insurance:

You have dependents - children or other family members (spouse, aging parents, sibling) - and want to be certain that your loved ones are taken care of. This includes:

Income replacement

Mortgage protection

College funding

Funds to pay for a caregiver or care for a loved one with special needs

Retirement income funding

You want to ensure that your last expenses do not burden your loved ones and provide cash when it’s most needed. This includes:

Funeral expenses

Outstanding debts

Estate taxes

You want to leave a legacy to your favorite charity, religious organization or other institution.

You have dependents

Would your spouse be able to maintain your family's standard of living or pay the mortgage without your income? Could your children afford to attend college?

What about your aging parents, or sibling or other family member with special needs – can they afford the care they need without your income?

Life insurance is particularly important if you are a single parent--you need to be absolutely certain that your children will be taken care of should you pass away unexpectedly.

Life insurance is also important if you are a stay-at-home parent. Even though you may not be earning a steady income, that doesn't mean you don't work or that your work isn’t valuable. Could your spouse afford to pay someone to take over your responsibilities?

Even if you are not worried about paying off your mortgage or funding your children's education, life insurance is still a worthy investment. Your spouse could face a serious financial burden without the security of your income.

And if you’re retired, your savings and Social Security may not be enough to cover your spouse's ongoing living expenses or provide for a comfortable retirement.

You want to ensure that your final expenses do not burden loved ones

In 2012, average funeral expenses amount to $7,045.1 Many of us also have various outstanding debts such as credit cards, auto and educational loans. Plus, depending on the size of your estate, it may be taxed by as much as 45%. Is your life insurance coverage sufficient to meet these expenses?

Your life insurance benefit is payable immediately upon your death, enabling your beneficiaries to cover your funeral and other final expenses. And life insurance benefits are federal income tax-free. Your beneficiaries will receive the full amount you intended to provide.

You want to leave a legacy to your favorite charity, religious organization or other institution

You can use life insurance funds to provide a legacy for your favorite charity, religious organization or other institution, helping support work that is meaningful to you.

Aren’t sure if you’re sufficiently covered? Use our Life Insurance Calculator to help determine the right amount of coverage for you.

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